Cash Application Analyst Job in Databricks

Job Title: Cash Application Analyst

Job Summary

We are looking for an experienced Cash Application Analyst to manage and optimize the cash application process at our tech company, which operates on a usage-based billing model. The ideal candidate will ensure the accurate and timely application of customer payments to invoices, contribute to efficient cash flow management, and collaborate with key stakeholders to enhance processes. This role requires a meticulous professional with strong analytical skills, experience in high-volume cash application environments, and an ability to navigate in a fast-paced environment. This position will be catering to the US (EST) timezone.

The Impact You Will Have

• Oversee the daily cash application process, ensuring customer payments are accurately and promptly applied to invoices.
• Monitor and reconcile incoming payments across multiple payment channels, including ACH, wire transfers, credit card transactions, and checks.
• Collaborate closely with the billing and collections teams to resolve discrepancies and support seamless end-to-end cash management.
• Develop and implement cash application policies and procedures that align with the unique aspects of a usage-based billing system.
• Identify and address payment discrepancies, customer account issues, and unapplied cash, facilitating timely resolutions.
• Maintain and update comprehensive documentation of cash application processes and customer payment records.
• Generate reports on cash application metrics, providing actionable insights to senior finance leadership.
• Participate in system enhancements and software implementations to improve cash application automation and efficiency.
• Liaise with the customer support team to handle customer inquiries related to payments and account reconciliations.
• Drive continuous process improvements and leverage technology to enhance accuracy, reduce processing times, and streamline operations.
• Ensure compliance with company policies and relevant financial regulations.

What We Look For

• Bachelor s degree in Finance, Accounting, Business Administration, or a related field preferred.
• Minimum of 4 years of experience in cash application, accounts receivable, or related financial operations.
• Strong understanding of usage-based billing models and associated financial processes.
• Excellent attention to detail and problem-solving skills.
• Proficiency with ERP systems and payment processing platforms; experience with NetSuite and Salesforce is a plus.
• Strong analytical skills with the ability to interpret data and generate reports.
• Effective communication and interpersonal skills for collaboration with cross-functional teams.
• Operate in a fast-paced environment with tight deadlines.
• Ability to adapt to evolving business needs and drive change management.

About Databricks

Databricks is the data and AI company. More than 10,000 organizations worldwide including Comcast, Cond Nast, Grammarly, and over 50% of the Fortune 500 rely on the Databricks Data Intelligence Platform to unify and democratize data, analytics, and AI. Databricks is headquartered in San Francisco, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark , Delta Lake, and MLflow. To learn more, follow Databricks on Twitter, LinkedIn, and Facebook.

Benefits

At Databricks, we strive to provide comprehensive benefits and perks that meet the needs of all of our employees. For specific details on the benefits offered in your region, please visit https://www.mybenefitsnow.com/databricks.